2009 Financial Highlights
- In 2009, Member Co-ops reported total
revenues of $177.2 million.
- $7.6 million in Patronage Refunds
was returned to members, from Member Co-operatives
in 2009.
- Continuing to be a significant economic
force in the Arctic, your Co-operative System provides
employment to more than 800 people.
- Co-ops are owned and controlled by
19,000 members.
Snapshots of Federation Success
- Sales growth continued at the Arctic
Co-ops level with revenues totaling approximately
$128 million.
- Net savings were $4.9 million.
- Patronage Refunds increased and $4.5
million of 2009 net savings returned to Member Co-ops
in the Arctic.
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